Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,190 sq ft
- Flooring
- Tile
- Appliances
- Dryer, Dishwasher, Disposal, Microwave
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- Interior features
- Elevator
Active · Condominium
$500,000
5600 Collins Ave 11W, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,190 sq ft
- $ / sq ft
- $420/sq ft
- Year built
- 1967
- Lot size
- —
- HOA fee
- $1,245 Monthly
- Annual tax
- $6,189
About this property
5600 Collins Ave APT 11W, Miami Beach, FL is a condo home that is 1,190 sq ft with 2 bedrooms and 2 full baths located on millionaires row. The spacious balcony overlooks partial views of the ocean across the street. The unit has recently had updates such as new light grey laminate flooring, painting throughout, and various new stainless steel appliances (some still in plastic) ready for a new owner to move in enjoy the custom refrigerated wine bar. The layout is perfect year round living or an ideal investment property that has internet, cable tv, ac, and utilities included in HOA dues. Rentals allowed once a month (30 day minimum), seasonally, or annually. A Full Service Building including a State of the Art Full Gym Fitness Center, Pool w/ Cabanas, Party Room.
Property location
Get Directions5600 Collins Ave 11W, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1967
- Stories
- 17
- Architectural style
- High Rise
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Intracoastal Access
- View
- Other
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $1,245 Monthly
- Fee inclusions
- Amenities, Common Areas, Hvac
- Amenities
- Fitness Center, Pool, Trash, Elevators
- Security
- Elevator Secured, Secured Garage Parking, Lobby Secured
- Pets allowed
- No, Yes
- Annual tax
- $6,189
- Subdivision
- 5600 CONDO
- County
- Miami-Dade
- Days on market
- 177
- MLS listing ID
- A11861323
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,257
- Cap rate
- 2.7%
- Net yield
- 2.7%
- Cash-on-cash return
- -10.8%
- Gross yield
- 8.4%
- Mortgage payment
- $2,370/mo
- Down payment
- $125,000
- Loan amount
- $375,000
- Annual NOI
- $13,355
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.